Standex International Q3 Earnings Preview

On Tuesday, Standex International SXI will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Analysts expect Standex International earnings of 8 cents per share. Revenue will likely be around $207.8 million, according to the consensus estimate.

In the same quarter last year, Standex International posted EPS of 98 cents on sales of $184.7 million. If the company were to report inline earnings when it publishes results, quarterly profit would be down 91.84 percent. Sales would be up 12.50 percent from the year-ago period. Here's how the company's EPS has stacked up against analyst estimates in the past:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate 1.02 1.18 1.36 1.1
EPS Actual 1.12 1.35 1.4 0.98

 

Stock Performance

Over the last 52-week period, shares are up 2.95 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement. Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. Analysts have been rating Standex International stock as Sell. The strength of this rating has maintained conviction over the past three months.

Conference Call

Standex International's Q3 conference call is scheduled to begin at 10:00 a.m. ET and can be accessed here: http://ir.standex.com/webcasts-and-presentations

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